Aave suspends new tBTC deposits and collateralized borrowing; existing positions remain unaffected.

TechFlow reported on October 31 that Aave has officially announced that, following Threshold Network's preemptive suspension of tBTC minting and redemption services, the platform has restricted users from making new tBTC deposits and initiating new loans collateralized by tBTC.Aave emphasized that protocol contracts remain unaffected, existing user positions are unchanged, and users can still normally repay loans and withdraw assets. Once Threshold completes security maintenance, Aave will restore related new deposit and borrowing functionalities.Prior to this, Threshold stated that due to security maintenance, it has temporarily paused new BTC deposits, tBTC minting, and new Bitcoin redemption requests via the Threshold app.

Aave suspends new tBTC deposits and collateralized borrowing; existing positions remain unaffected.

TechFlow reported on October 31 that Aave has officially announced that, following Threshold Network's preemptive suspension of tBTC minting and redemption services, the platform has restricted users from making new tBTC deposits and initiating new loans collateralized by tBTC.

Aave emphasized that protocol contracts remain unaffected, existing user positions are unchanged, and users can still normally repay loans and withdraw assets. Once Threshold completes security maintenance, Aave will restore related new deposit and borrowing functionalities.

Prior to this, Threshold stated that due to security maintenance, it has temporarily paused new BTC deposits, tBTC minting, and new Bitcoin redemption requests via the Threshold app.

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